an
FIRST BROUGHSHANE CONGREGATION OF THE
PRESBYTERIAN CHURCH IN IRELAND
Trustees Annual Report and Financial Statements
for the year ended 31st December 2025
Registered with the Charity Commission for Northern Ireland NIC105343

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FIRST BROUGHSHANE CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND
TRUSTEES ANNUAL REPORT
The Trustees present their Annual Report and Financial Statements for the year ended 31st
December 2025, including a Balance Sheet as at that date.
REFERENCE AND ADMINISTRATIVE DETAILS
First Broughshane Congregation of the Presbyterian Church in Ireland.
Address.. Main Street, Broughshane, Co Antrim. BT42 4JW.
Registered Charity in Northern Ireland - NIC105343.
CHARITY TRUSTEES
The Charity Trustees who served during the year or who were trustees at the date of this
report were:
Rev Ronnie Agnew
Mrjohn Hamilton
MrTonyJackson
Mrjohn Knox
Mr Colin Heron
Mr Alan McRobert
Mrjohn Maybin
Mr Alan Reid
Mr John Anderson
Mr Noel Connor
Mr Richard Hood
Mr George Mcmullan
PRINCIPAL OFFICE BEARERS
Minister:
Clerk of Session..
Treasurer:
Rev Ronnie Agnew
Mr Noel Connor
Mrjohn Anderson

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FIRST BROUGHSHANE CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND
TRUSTEES ANNUAL REPORT
cont'd
INDEPENDENT EXAMINER
Mr James Gillespie F.C.A.
Stevenson & Wilson Chartered Accountants,
22-30 Broadway Avenue,
Ballymena.
BT43 7AA.
BANKERS
Danske Bank
1-2 Broadway Avenue,
Ballymena.
BT43 7PE.
SOLICITORS
McKervill Neilly
l Broadway Avenue,
Ballymena.
BT43 7AA.

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FIRST BROUGHSHANE CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND
TRUSTEES ANNUAL REPORT
cont'd
STRucfuRE, GOVERNANCE AND MANAGEMENT
The Kirk Session
The Charity Trustees of the congregation are the members of its Kirk Session. Under the
congregation's governing document, The Code, the book of the constitution and government
of the Presbyterian Church in Ireland. the Kirk Session seeks to watch over and promote the
spiritual interest of the congregation and of persons not COV7nected with any congregation
who are within its bounds. It ensures pastoral care is in place in the congregation and seeks
to further the contribution of the Church to Christian witness and service in the local
community. The Kirk Session has delegated to its Congregational Committee the temporal
affairs of the congregation. including administering all funds and property belonging to the
congregation. Members of the Kirk Session are ex-officio members of the Congregational
Committee.
The Kirk Session consists of the ordained minister and the ruling elders of the congregation.
All members are entitled to propose. speak and exercise equal votes at meetings, except that
the Moderator, the minister in active duty in the congregation, has no deliberative but only a
casting vote.
Stated meetings of the Kirk session are held several times each year as required.
To be chosen for the office of the eldership in the congregation a person must be a voting
member and a regular attendant at it5 ordinances. The selection of those proposed to be
called to the office can be either by the congregation or by the Kirk Session. Members are
elected if they obtain two-thirds of those who vote. Upon election, the Elders are subject to
in-house training pertinent to their role.
Presbytery
Under the Presbyterian Church in Ireland Form of Governance, the corporate oversight of
congregation is the responsibility of a Presbytery which superintends generally the spiritual
and temporal affairs of the congregations assigned to it by the General Assembly of the
Presbyterian Church in Ireland. First Broughshane Presbyterian Church has been assigned to
the Ballymena Presbytery of the Presbyterian Church in Ireland. The membership of the
Presbytery consists mainly of the active ministers of congregations assigned to it by the
General Assembly, minsters who have retired from active duty and an elder appointed by the
Kirk Se55ion of each congregation.

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FIRST BROUGHSHANE CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND
TRUSTEES ANNUAL REPORT
cont'd
The General Assembly
The General Assembly is the supreme court of the Church, representing in one body the whole
Church and arting as its supreme legislative, administration and judicial authority, in dealing
with all matters brought before it. The General Assembly is normally constituted during the
first week in June for worship and to conduct its business. At the end of business, it Is normally
dissolved. The membership of the General Assembly consists mainly of the active minister of
each congregation, retired ministers and a representative elder appointed by the Kirk Session
of each congregation.
DESCRIPTION AND PURPOSE
The charitable purpose of the congregation is the advancement of religion. First Broughshane
congregation of the Presbyterian Church is a congregation of the Presbyterian Church in
Ireland. The Presbyterian Church in Ireland, as a Reformed Church within the wider body of
Christ, is grounded in the Scriptures, and exists to love and honour God through faith in His
Son and by the power of His spirit, and to enable its members to play their part in fulfilling
God's mission to our world.
The congregation's mission purpose is to be a local community of God's people, who 'by the
grace of God" aims to help people of all ages come to know Jesu5 Christ as their Lord and
Saviour and become His disciples. Our vision is to be a welcoming community of Christ's
people of all ages, which..
Is characterised by love for God, and love and concern for others.
Is com mitted to the historic Christian gospel as revealed in the Bible.
Is relevant to people of this time and place.
The congregation aims to live out its Mission and Vision of God's people by being:
A Covenant Community where our relationships are rooted in the promises of God by
living faithfully toward Him and toward one another.
An Intergenerational Community where adults intentionally take the lead to engage
with, encourage and nurture younger members to maturity in Christ.
An Outward looking Community where wo wantto sharo the life changing Good News
of Jesus and extend His love to others beyond the bounds of our Community.
41Page

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FIRST BROUGHSHANE CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND
TRUSTEES ANNUAL REPORT
cont'd
As a congregation of the Presbyterian Church in Ireland, we believe that the bible is the
supreme authority over all we do. and that the Westminster Confession of Faith, along with
the Larger and Shorter Catechisms set out what we understand the Bible teaches on key
matters of Christian faith and practice.
AcfiviTIES AND OBJECTIVES
The congregation, along with any visitors, meets for worship every Sunday and this activity is
central to the life of the congregation. The congregation desires that its Sunday worship
would be a place where everyone is made welcome and is relevant to all ages.
The Sacrament of the Lord's Supper is observed at least twice during the year. All those who
have been baptised and who have made a profession of faith in the Lord Jesus Christ are
dmitted to the Lord's Supper. There were two new members admitted to the Lord's Supper
in 2024. Bapt15m5 are administered to children of believing parents and adults upon
profe55ion of faith. There was one baptism in 2025.
Weekly prayer meetings are held on Sunday mornings before the service and on Wednesday
evenings.
Organisations:
The congregation has a busy programme of activities with a wide range of organi5ation5
including:
Sunday School and Bible Class
Connect Youth Fellowship
Girls Brigade
Bowling Cub
Schools and Colleges Prayer Group
Presbyterian Women
Men Alive
Small Groups for Bible Study and
prayer
Wednesday Friends
Missions Committee
Tuesday Fellowship
Alternative Praise Band
Women's Bible Studv
Tots@First (Parent & Toddler Group)

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FIRST BROUGHSHANE CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND
TRUSTEES ANNUAL REPORT
cont'd
ACHIEVEMENTS AND PERFORMANCE
Worship and prayer
The congregation meets for worship each Sunday at 11.30 am, and on the second and fourth
Sunday evenings at 6.30pm. Attendance at morningworship is approximately 200 each week,
and 50 to 60 in the evening. During the week the Weekly Prayer meeting provides an
opportunity for members to meet together and unite in prayer for the church and the wider
communitv.
We broadcast services each Sunday morning on Facebook, YouTube and Church website via
our Livestream facility. DVD recordings were also made available for anyone who did not
have access to online facilities.
At 31 December 2025 there were 176 communicant members and 210 families connected
with the congregation.
Pastoral care
Members of the congregation who are unable to attend church due to sickness or age are
visited by the minister, deaconess, elders or other congregational members.
Mission and Outreach
All of the activities referred to earlier are open to people who are not members of the
congregation.
The congregation also support5 the United Appeal for Mission, which is a central fund of the
Presbyterian Church in Ireland. This fund enables congregations to support the wider mission
of the denomination and to do mission and outreach on a denominational basis beyond what
the congregation could do on its own. The United Appeal Fund provides financial support for
mission personnel 2t home and oversoas, assists congregation5 With the deployment of locally
based Staff, enables church planting, provides grant support for the upkeep of church
premises, assists with the running costs of Union Theological College, the Church's training
college for ministry students, and financially sUPPOrts congregations in the areas of worship,
discipleship, global mission, outreach, leadership and pastoral care.

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FIRST BROUGHSHANE CONGREGATION OF THE PRES8￿ERlAN CHURCH IN IRELAND
TRUSTEES ANNUAL REPORT
cont'd
Mission and Outreach Icont'd)
We also operate an envelope scheme administered by our Mission Committee which
allocates the proceeds to other mission partners. During the year £6,900 was paid to other
mission partners.
The congregation normally joins with other churche5 in Broughshane village for Easter,
Harvest and Christmas services, and on other occasions throughout the year.
Presbytery
The congregation was represented at the regular meetings of Presbytery by our minister and
one of the representative elders. This provides an important link between the congregation
and the wider structures of the church.
General Assembly
The minister and one of our elders are normally nominated to attend the meeting of the
General Assembly of the Presbyterian in Ireland which is held in Assembly Buildings, Belfast
which took place in June this year.
Volunteers
The Trustees wish to acknowledge their deep appreciation of those who give freely of their
time by serving on committees and helping with organisations and other church activities.
Plan5 for future periods
The Trustees do not envisage any change in activities in future periods. The Church is
committed to its ongoing Mission as detailed above.

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FIRST BROUGHSHANE CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND
TRUSTEES ANNUAL REPORT
cont'd
PUBLIC BENEFIT STATEMENT
The Presbyterian Church in Ireland meets the public benefit requirement by providing benefit
to its members and the general public, by making known the Christian Gospel of the Lord
Jesus Christ through the advancement of religion.
The direct benefits which flow from the purposes of the Church include the gaining of an
understanding in Christian beliefs, as set out in the Bible, and in the Church's Subordinate
standards (the Westminster Confession of Faith and the Shorter and Larger Catechismsl,
leading to spiritual and moral development and opportunities for response to Bible teaching.
In turn, this framework lead5 to practical expressions of Christian beliefs and standards in the
local community, such as through the care of those in need lincluding the sick, disabled and
bereaved).
Generally, the above benefits are delivered locally by congregations and their members, or
are facilitated through presbyteries, or are organised and delivered centrally. Local delivery is
facilitated by central resource5 in almost all cases. Public access is made known through the
use of noticeboards, printed material, press advertisement, websites, and social media or in
other ways.
The benefits are demonstrated through regular evaluation of the services and informal and
d-hoc feedback from members, their families, and members of the public.
The purpose does not lead to harm. The only private benefit flowing from our purpose 15
related to M inisters, Missionaries, Deaconesses, Irish Mission workers and Lay Agents who
receive benefits as a result of their holding office or employment. However, this is incidental
and necessary in order to further our charitable purpose. There are no other private benefits.
The beneficiaries of this purpose are members, their families, other individuals that the
Presbyterian Church in Ireland is in direct and indirect contact with, the community in which
pastoral services are provided and other communities throughout Northern Ireland, the
Republic of Ireland, and worldwide which benefit from our eng8gement with and SLlPPOrt for
both Christian and other secular organisations, charities and individual member5 of the public.
The Kirk Session has had regard to the Commission's Public benefit requirement statutory
guidance.

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FIRST BROUGHSHANE CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND
TRUSTEES ANNUAL REPORT
cont'd
FINANCIAL REVIEW
These financial statement5 consolidate the income and expenditure for the General account
and the other activitie5 of the church organisations.
The congregation's main source of income is members, contributions through the weekly Free
Will Offering. There were 201 contribtsting families during the year12024: 2201 donating
total of £117,76412024- £111.8771 to the General account. In addition to this there was also
£226,699 donated to Building account12024'. £342,417). The Church's overall income for 2025
Was £400.54212024: £830,767). The new church hall building project was completed during
the year ended 31st December 2024, and as 3 result the level of donations received in the
2025 year was significantly lower than that in the previous year.
Expenditure decreased from £223,736 in 2024 to £200,216 in 2025. The major item of
expenditure is costs in relation to unrestricted ministry and support staff c05t5 totalling
£81,70212024- £81,2141. During the year donations to M issions and Charities of £22,055 were
made12024.' £18,378).
At 31 December 2025 the balance sheet is in a healthy position with net assets of £3,418,373
12024- £3,209,856). The Trustees are pleased that the financial position of the Church remains
robust as shown on the balance sheet.

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FIRST BROUGHSHANE CONGREGATION OF THE pRE5B￿ERIAN CHURCH IN IRELAND
TRUSTEES ANNUAL REPORT
cont'd
TRUSTEES, RESPONSIBILITIES IN RESPECT OF THE FINANCIAL STATEMENTS
The Trustees are responsible for preparing the annual report and the financial statements of
the congregation in accordance with applicable law and generally accepted accounting
practice. The Trustees are required to prepare financial statements for each financial year
which give a true and fair view of the state of affairs of the congregation and the financial
activities for that year. In preparing the financial statements the Trustees are required to..
select suitable accounting policies and then apply them consistently; and
make judgements and estimates that are reasonable and prudent;
State whether applicable accounting standards have been followed, subject to any
material departures disclosed and explained in the financial statements- and
prepare the financial statements on the going concern basis unless It is inappropriate
to presume that the Funds will continue in operation.
The Trustees are responsible for keeping adequate accounting records that are sufficient to
show and explain the congregation's transactions and disclose with reasonable accuracy at
any time it5 financial position and enable them to ensure that the financial statements comply
with the Statement of Recommended Practice "Accou r)ting and Reporting by Charitie5" They
are also responsible for safeguarding the assets of the congregation and hence for taking
reasonable steps for the prevention and detection of fraud and other irregularities.
GOING CONCERN
The activities of the congregation are dependent on on-going contributions from its members.
The Trustees are of the opinion that the congregation has sufficient resources at the date of
approval of these financial statements to meet commitments, which will arise in the year from
the date of signing this report and subject to the continuing support from members to fund,
on an on-going basi5, the congregation'5 current activitie5 and other financial commitments.
10 I Page

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FIRST BROUGHSHANE CONGREGATION OF THE PRESBITERIAN CHURCH IN IRELAND
TRUSTEES ANNUAL REPORT
cont'd
RESERVES POLICY
Total reserves of the Church amounted to £3,418,373 at the balance sheet date. This amount
15 held in unrestricted and restricted in the amounts of £124,892 and £3,293,481 respectively.
The Trustees have considered the level of unrestricted reserves that it is appropriate to hold,
taking account of current and ongoing commitments. It is the aim of the Trustees to hold
unrestricted reserve5 equating to at least six months normal expenditure. At the year-end
unrestricted reserves were £124,892 which is well in keeping with this policy. The Trustees
consider it prudent to hold reserves at this level as the funding of its current activities is
dependent on the ongoing financial support of its members.
RISK REVIEW
A review of major risks ha5 been undertaken by the Trustees and systems and procedures
implemented to manage identified risks. The principal risks are in relation to the likelihood of
reputational damage and financial risks associated with the expectation of on-going financial
support from members. These risks are mitigated by the Trustees, and the Congregational
Committee, regularly monitoring the various activities of the congregation at stated meetings
and by encouraging members in their regular giving.
th
Approved by the Kirk Session at a meeting on 13 June 2026 and signed on its behalf by:
Rev. Ronnie Agnew
Mr. Noel Connor
Position.. Minister
Position.. Clerk of Session
111 Page

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INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES OF FIRST BROUGHSHANE
CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND
I report on the accounts of First Broughshane Presbyterian Church for the year ended 31st December
2025, which are set out on pages 13 to 30.
Respectlve responslbilitles of charlty trustees and examiner
As the charitws trustees you are responsible for the preparation of the accounts in accordance with the
Charities Act INorthern Ireland) 2008.
It 15 my responsibility to..
examine the accounts under section 65 of the Charities Act
follow the procedures laid down in the general Directions given hy the Commission under
section 6519llbl of the Charities Act
state whether particular matters have come to my attention.
Basis of independent examinerfs report
I have examined your charity accounts as required under section 65 0* the Charities Act and my
examination was carried out in accordance with the general Directions given by the Charity Commission
for Northern Ireland under section 6519llbl of the Charities Act.
My examination included a review of the accounting records kept by the charity and a comparison of
the accounts presented with those records. It also included consideration of any unusual items or
disclosures in the accounts, and seeking explanation5 from you as charity trustees concerning any such
matters.
My role is to state whether any material matters have come to my attention giving me cause to believe..
l. That accounting records were not kept in accordance with section 63 of the Charities Act
2. That the accounts do not accord with those accounting records
3. That the accounts do not con)ply with the accounting requirements of the Charities Act
4. That there is further information needed for a proper understandinE of the accounts to be reached.
Independent examinerfs ststement
I have completed my examination and have no concerns in respect of the matters111 to141 liste(J above
and, in connection with following the Directions of the Charity Commission for Northern Ireland, I have
found no matters that require drawing to your attention.
mesG
spie IF.C.A.I
Stevenson and Wi150n
22-30 Broadway Avenue
Ballymena
BT43 7AA
Chartered Accountants
Date.. 13th June 2026

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FIRST BROUGHSHANE CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND
STATEMENT OF FINANCIAL ACTIVITY FOR THE YEAR ENDED 31" DECEMBER 2025
Unrestricted
Funds
Restricted
Funds
Total Funds
2025
Total Funds
2024
Notes
Income from:
Donations and
legacies
Charitable activities
Investments
Other income
133,403
261,523
10,098
3,005
18,410)
394,926
10,098
3,129
{7,611)
603,936
6,214
3,148
217,469
124
799
Total income and
endowments
134,326
266,216
400,542
830,767
Expenditure on:
Cost of raising funds
Expenditure on
charitable activities
Other expenditure
2.499
4,737
7,236
8,235
126,685
9,409
54,883
2,003
181,568
11,412
202,716
12.785
Total expenditure
138,593
61,623
200,216
223,736
Net income/lexpenditurel
(4,2671
204,593
200,326
607,031
Transfers between
funds
775
{775>
Revaluation of PCI
and NICIFC shares
13
{7)
8,198
8,191
3,084
Net movement in funds
Reconciliation of funds:
Total funds brought forward
{3,4991
212,016
208,517
610,115
128,391
3,081,465
3,209,856
2.599.741
Total funds carried forward
124,892
3,293,481
3,418,373
3,209,856
131 Page

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FIRST BROUGHSHANE CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND
BALANCE SHEET AS AT 31- DECEMBER 2025
Unrestricted
Funds
Restricted
Funds
Total Funds
2025
Total Funds
2024
Note5
Fixed assets
Tangible fixed assets
Investments
12
13
71,192
147
3,492,326
101,582
3,563,518
101,729
3,578,494
93,538
Total fixed assets
71,339
3,593,908
3.665,247
3.672,032
Current assets
Debtors and prepayments
Cash at bank and in hand
14
26,943
28,224
27,381
141,532
54,324
169,756
93,143
250,106
15
Total current assets
55,167
168,913
224,080
343,249
Current liabilities
Creditors due within
one year
16
1,614
169,340
170,954
305,425
Total current liabilities
1,614
169,340
170,954
305,425
Net current assets/{liabilities}
53,553
(4271
53,126
37,824
Total net a55et5
124,892
3,593,481
3.718,373
3,709,856
Creditors due after one
year
17
300,000
300,000
500,000
Total net assets
124,892
3,293,481
3,418,373
3,209,856

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FIRST BROUGHSHANE CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND
ST
BALANCE SHEET AS AT 31 DECEMBER 2025 {cont'dl
Vnrestrirted
Funds
Restricted
Funds
Total Funds
2025
Total Funds
2024
Notes
Funds of the charity
Unrestricted funds
Restricted funds
18
18
124,892
124,892
3,293,481
128,391
3,081,465
3,293,481
Total charity funds
18
124,892
3,293,481
3.418,373
3,209,856
Approved by the Kirk Session at a meeting on 13th June 2026 and signed on its behalf by..
Rev. Ronnie Agnew
Mr. Noel Connor
Position- Minister
Position.. Clerk of Session
151Page

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FIRST BROUGHSHANE CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND
CASH FLOW STATEMENT FOR THE YEAR ENDED 315f DECEMBER 2025
Total Funds
2025
Total Funds
2024
Cash flow from operating artivities
Net incoming resources before interest received
Depreciation/los5 on disposal
Revaluation of tangible fixed assets and investments
Decrease in debtors
IDecreasel/increase in creditors
205,388
23,993
{8,191)
38,819
(334,471)
606,967
24,857
13,0841
52,750
328,784
Net cash loutflow)/inflow from incoming resources
{74,462)
1,010,274
Return on investments and servicing of finance
Interest received
3,129
3,148
(71,333)
1,013,422
Capital expenditure
Purchase of tangible fixed assets
(9,017) 11,397,059)
Net decrease in cash forthe year
(80,350)
1383,6371
Cash and cash equivalents at the beginning of the year
250,106
633,743
Cash and cash equlvalents at the end of the year
169,756
250,106
161 Page

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FIRST BROUGHSHANE CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS 31st DECEMBER 2025
ACCOUNTING POLICIES
BASIS OF FINANCIAL STATEMENTS
The financial statements have been prepared in accordance with Accounting and Reporting
by Charities.. Statement of Recommended Practice applicable to charities preparing their
accounts in accordance with Financial Reporting Standard applicable in the UK and Ireland
{FRS1021 leffective l January 2019}. The Charity is a public benefit entity.
The financial statements have been prepared under the historical cost convention except for
investment assets, which are shown at market value. The functional and presentational
currency is Sterling. The financial statements include all transactions, assets and liabilities for
which the congregation is responsible in law. They do not include the accounts of church
groups that owe their affiliation to another body, nor those that are informal gatherings of
church members.
PREPARATION OF ACCOUNTS ON A GOING CONCERN BASIS
There are no material uncertainties about the charity's ability to continue. The accounts have
been prepared on a going concern basis.
CRITICAL ACCOUNTING JUDGEMENTS AND ESTIMATION UNCERTAINTY
Estimates and judgments made in the process of preparing the financial statements are
continually evaluated and are based on historical experience and other factors. including
expectations of future events that are believed to be reasonable under the circumstances.
The Trustee does not consider that there are any critical judgments made in applying the
Trust's accounting policies or that there are any critical accounting estimates or assumptions
which may have a significant risk of causing a material adjustment to carrying amounts of
assets and liabilitie5 Wlthin the next financial year.
171 Page

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FIRST BROUGHSHANE CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS {cont'dl
ACCOUNTING POLICIES Icont'dl
FUND ACCOUNTING
Restricted funds comprise revenue donations or grants for a specific congregational activity
intended by the donor. Where these funds have unspent balances, interest on their pooled
investment is apportioned to the individual funds on an average balance basis.
Unrestricted funds are income funds which are to be spent on the congregation's general
purpose5. Designated funds are general funds set aside by the congregation for use in the
future.
INCOMING RESOURCES
Recognition of Incornlng resources
These are included in the Statement of Financial Activities ISOFAI when:
the congregation becomes entitled to the resources;
the trustees are virtually certain they will receive the resources; and
the monetary value can be measured with sufficient reliability.
{ii) Incorning resources with related expenditure
Where incoming resources have related expenditure las with fundraising income) the
incoming resources and related expenditure are reported gross in the SOFA.
(iii) Grant5 and donations
Grants and donations are only included in the SOFA when the congregation has
unconditional entitlernent to the resources.
(iv) Tax reclaims on donations and gifts
Incom ing resources from tax reclaims are included in the SOFA at the same time as the
gift to which they relate.
(v) Contractual income and performance related grants
This is only included in the SOFA once the related goods or service5 have been delivered.
(vil Glfts In klnd
Gifts in kind are accounted for at a reasonable estimate of their value to the charity or
the amount actually realised. Gifts in kind for use by the charity are included in the SOFA
as incoming resources when receivable.
181 Page

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FIRST BROUGHSHANE CONGREGATION OF THE PRESBI￿ER1AN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS Icont'd)
ACCOUNTING POLICIES (cont'd)
(viil Donated Services and facilities
These are only included in incoming resources (with an equivalent amount in resources
expended) where the benefit to the charity is reasonably quantifiable, measurable and
material. The value placed on these resources is the estimated value to the charity of
the service or facility received.
{viii) Volunteer help
The value of any voluntary help received is not included in the accounts but is described
in the trustees, annual report.
lix) Investment income
This is included in the accounts when receivable.
Ixl Investment gains and losses
This includes any gain or loss on the sale of investments and any gain or loss resulting
from revaluing investments to market value at the end of the year.
EXPENDITURE AND LIABILITIES
{xll Liability recognltion
Liabilities are recognised as soon as there is a legal or constructive obligation
committing the congregation to pay out resources.
Ixii} Analysis of expenditure by attivity
A separate analy515 of expenditure on an activity ba515 has not been presented, nor
considered necessary, since all expenditure of the charity is committed to the overall
functioning of the Church.
Ixiii) Governance costs
These are shown within charitable activities and include the costs of preparation and
examination of accounts, the costs of trustee meetings and c05t of any legal advice to
trustees on governance or constitutional matters.
Ixivl Grants payable
These are only recogni5ed in the accounts when a Specific commitment has been made
and communicated to a recipient and established pattern indicates that the Charity will
meet the commitment.
191 Page

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FIRST BROUGHSHANE CONGREGATION OF THE pRE5B￿ERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS Icont'dl
ACCOUNTING POUCIES {conVd)
(xv) Grants payable without performance conditions
These are only iecognised in the accounts when a commitment has been made and there ar¢ no
conditions to be mct relating to the grant which rcTnaTn in thc control of the ehatity.
ASSETS/{LIABILITIES)
Tangible Fixed Assets
The assets of the Church comprise:
Church building, stores and contents at Main Street, Broughshane
Church hall building and contents at Main Street, Broughshane
Manse at 111 Raceview Road, Broughshane
Agricultural land adjacent to 111 Raceview Road, Broughshane
Tangible fixed assets for use by the church are capitalised if they can be used for more than
one year, and cost at least £2,500. The Trustees have agreed that any fixed asset addition
with a value of less than £2,500 does not need to be shown a5 an asset and will simply be
written off as expenditure in the year of purchase.
The church and hall buildin&s, stores and contents are valued at cost or current market value,
or if gifted, at the value to the church on receipt. The manse and agricultural land are valued
at current market value. This will be reviewed on an annual basis by the Trustees.
Depreciation is recorded on all tangible fixed assets other than freehold land, at rate5
calculated to write off the cost, less estimated residual value, of each asset over its expected
useful life as follows:
Church and church hall buildings
Fixtures, fittings and equipment
Computers, software and technical equipment
2% straight line
20Yo Straight line
20% straight line
Tangible fixed assets are de-recognised on disposal or when no future economic benefits are
expected. On disposal, the difference between the disposal proceeds and the carrying
amount is recognised in the statement of financial activities.
All capital expenditure associated with the new hall project has been capitalised and
depreciation will be charged from the first full year of use by the congregation.
20IPage

an
FIRST BROUGHSHANE CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS (cont'd)
ACCOUNTING POLICIES Icont'd}
Investments
Investments are included in the balance sheet at their market value at the year end.
Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposits held and other short-term highly
liquid investments with maturities of three months or less.
Financial instruments
The Church only has financial assets and financial liabilities of a kind that qualify as basic
financial instruments. Basis financial instruments are initially recognised at transaction price
and subsequently measured at their settlement value.
DONATIONS AND LEGACIES
Unrestricted
Fund5
Restricted
Total Total Funds
Fund5 Funds 2025
2024
Recorded giving:
Donations and gifts
Gift Aid
Loose collection5
118,099
11,890
3,414
249,755
11,768
367,854
23,658
3,414
504,922
95,665
3,349
133,403
261,523
394,926
603,936
CHARITABLE AcfiviTIES
Unrestricted
Funds
Restricted
Funds
Total Total Funds
Funds 2025
2024
Organi5ation grant income
Income from charitable activities
Membership fees
4,210
4,658
1,230
4,210
4,658
1,230
2,886
2,108
1,220
10,098
10,IYJ8
6,214
211 Page

an
FIRST BROUGHSHANE CONGREGATION OF THE PRESBITERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS (cont'dl
INVESTMENTS
Unrestricted
Funds
Restricted Total Funds
Funds
2025
Total Funds
2024
N I Central Investment
Fund for Charities
Dep051t interest
PCI General investment fund
2,878
127
2,878
247
2,641
503
120
124
3,005
3,129
3,148
OTHER INCOME
Unrestricted
Fund5
Restricted
Funds
Total Total Funds
Funds 2025
2024
Building project grant income
Contribution toward utility costs
Conacre income
Sundry income
NIE wayleave
Graves
{10,165)
{10,165)
208,098
4,200
1,200
3,938
33
1,200
555
1,200
870
34
450
315
34
450
799
(8,410)
{7,611)
217,469
COST OF RAISING FUNDS
Unrestrirted
Funds
Restricted Total Funds
Funds
2025
Total Funds
2024
Events and catering
FWO envelopes
I,iio
1,389
4,737
5,847
1,389
6.715
1,520
2,499
4,737
7,236
8,235
221Page

an
FIRST BROUGH5HANE CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS (cont'dl
EXPENDITURE ON CHARITABLE ACTIVITIES
Unrestricted
Funds
Restricted Total Funds
Funds
2025
Total Funds
2024
Ministry and support staff
costs
Depreciation charge / loss
on disposal
Utilities
Congregational running
expenses
Donations to missions and
charities
General assessment5
Governance costs
Stationèry and teaching
materials
Presbytery fees
81,702
1,450
83,152
82,414
23,993
23,993
22,950
24,857
24,257
22,950
2,101
4,904
7,005
18,847
22,055
1,392
317
22,055
13,462
3,369
18,378
14,833
13,170
12,070
3,052
4,275
535
772
5,047
535
5,446
514
126,685
54,883
181,568
202,716
OTHER EXPENDITURE
Unrestrftted
Funds
Restrlcted Total Funds
Funds
2025
Total Funds
2024
Repairs and maintenance
9,409
2,003
11,412
12,785
TRANSFERS BETWEEN FUNDS
Unrestricted funds are spent or applied at the discretion of the trustees to further any of the
charit¢s purposes. Unrestricted funds may be used to supplement expenditure made from
restricted funds.

an
FIRST BROUGHSHANE CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND
NOTES TO THE AccouDifs Icont'd)
10. EMPLOYEES
Number of Employees
The church had no employees during the year12024: none}.
The minister and the deaconess of the congregation are employee5 of the Presbyterian
Church in Ireland, which is a separate charity and they have not been reflected in the
employee costs and average number of employees above. The congregation pays an
assessment to the Presbyterian Church in Ireland for both the minister and the deaconess.
The following amounts were paid during the year:
2025
2024
Minister stipend
Deaconess salary
41,473
12,630
40,070
12,203
54,103
52,273
241 Page

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FIRST BROUGHSHANE CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS Icont'd)
11. PENSION COSTS
The minister and deaconess of the congregation are member5 of the Presbyierian Church in
Ireland Pension Scheme120091. This is a scheme operated by the Presbyterian Church in
Ireland, a separate registered charity. The congregation pays an assessment to the
Presbyterian Church in Ireland equivalent to the employer'5 pension contribution for the
Scheme and based on the stipend paid to the minister and the salary paid to the deaconess.
The Presbyterian Church in Ireland Pension Scheme {20091 is a funded Scheme of the defined
benefit type, providing defined benefits based on career average re-valued salary. The
Scheme has assets held in a separately administered fund tnanaged by a board of trustees.
The Presbyterian Church and the Scheme Trustees have agreed a funding plan to ensure the
Scheme is sufficiently funded to meet current and future obligations. A formal schedule of
contributions was drawn up on 25 November 2015 whereby the Presbyterian Church agreed
to pay from 3 1 December 2015 contributions of 17.5°A of pensionable salaries12024.' 24Y,I to
cover the accrual of benefits for future service, expenses, the cost of in5urin8 death in service
benefits and funding the scheme deficit.
The total contributions made by the congregation during the year were:
2025
2024
Contributions
9,468
12,546
251 Page

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FIRST BROUGHSHANE CONGREGATION OF THE PRESB￿ERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS {conVd}
12. TANGIBLE FIXED ASSETS
Buildings
and
contents
Total
Cost / Valuation
As at I" January 2025
Additions
6,802,654
9.017
6,802,654
9,017
As at 315t December 2025
6,811,671
6,811,671
Depreciation
A5 at I, January 2025
Charge for the year
3,224,160
23,993
3,224,160
23,993
As at 31" Decernber 2025
3,248,153
3,248,153
st
Net Book Value a5 at 31 December 2025
3,563,518
3,563,518
Net Book Value as at 31, December 2024
3,578,494
3.578.494
The assets of the Church comprise-
Church building, stores and content5 at Main Street, Broughshane
Church hall building and contents at Main Street, Broughshane
Manse at 111 Raceview Road, Broughshane
Agricultural land adjacent to 111 Raceview Road, Broughshane
13. INVESTMENTS
Nl Central
Investment
Fund for
Charities
PCI General
Investment
Fund
Total
Cost/valuation
As at I, January 2025
Revaluation
93,384
8,198
154
171
93,538
8.191
As at 31" December 2025
101,582
147
101,729
261 Page

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FIRST BROUGHSHANE CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS {cont'dl
14.
DEBTORS AND PREPAYMENTS
2025
2024
Grant receivable
Gift Aid recoverable
Prepayments
47,887
39,414
5,842
48,103
6,221
54,324
93,143
15.
CASH AT BANK AND IN HAND
2025
2024
Bank current accounts
Bank deposit accounts
Cash in hand
161,369
5,549
2,838
244,170
5,429
507
169,756
250,106
16.
CREDITORS DUE WITHIN ONE YEAR
2025
2024
Build ing construction costs due
Other creditors and accruals
57,333
113,621
290,567
14,858
170,954
305,425
17.
CREDITORS DUE AFTER ONE YEAR
2025
2024
Other creditors and accruals
300,000
500,000
271 Page

an
FIRST BROUGHSHANE CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS (cont'dl
18.
FUND BALANCES AND RECONCILIATION OF FUNDS
Fund
Balance
at start
Balance
at end
Income
Costs
Revaluation
Transfer
Unrestricted Funds
General account
128,391
134,326
138,593
171
775
124,892
128,391
134,326
138,593
(71
775
124,892
Restrlcted Funds
General account
Children's and Youth
Ministry actount
Property and Repairs
account
59,023
13,475
13,475
59.023
4,873
14,8731
542,066
{301
8,970
12.0001
531.066
New Hall Building
account
2,351,100
12,258
532
121
3,055
2,391
129
101,262
227,707
3,069
2,520
17,172
6,943
1.553
3,250 2,564,885
8,384
999
Missionary account
Bowling Club account
Church Choir account
Girls Brigade account
PW account
Shining Star account
Sunday School account
Tuesday Fellowship
account
15001
11261
8,292
3,366
5.368
2.241
5,979
2,816
129
114.780
17001
3,337
2,390
8,198
4,373
2,577
3,624
3.311
151
3,041
Wednesday Frierbds
account
2,078
851
200
13501
2,379
3,081,465
266,216
61,623
8,198
(775) 3,293,481
OVERALL TOTALS
3,209,856
400,542
200,216
8,191
3,418.373
281 Page

an
FIRST BROUGHSHANE CONGREGATION OF THE pRE5B￿ERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS Icont'd)
18.
FUND BALANCES AND RECONCILIATION OF FUNDS (convdl
Analysis of closing funds
Unrestricted
Funds
Restricted Total Funds
Funds
2025
Total Funds
2024
Fixed assets
Current assets
Current liabilities
Long term liabilities
71,339
55,167
11,6141
3,593,908
168,913
(169,3401
(300,000)
3,665,247
224,080
(170,9541
(300,0001
3,672,032
343,249
1305,4251
1500,0001
Total funds
124,892
3,293,481
3,418,373
3,209,856
19.
RELATED PARTY TRANSAcfioNS
Rev. Ronnie Agnew is a trustee of the church. In hi5 capacity as the minister of the
congregation he received remuneration of £41,473, and an expenses allowance of £7,388.
Pension contributions of £7,258 were also paid by the congregation in respect of him to the
Presbyterian Church in Ireland Pension Scheme120091. Employer's N IC of £6,306 was paid to
the Presbyterian Church in Ireland for the minister. None of the other tru5tee5 received any
remuneration nor were any of them re-imbursed during the year for expenses they incurred
in connection with their duties.
A trustee paid conacre of £1,200 during the year for the renting of agricultural land belonging
tothe church.
Expenditure in the Statement of Financial Activity includes the following amounts to Funds of
the General Assembly of the Presbyterian Church in Ireland, a separate charity..
Assessments
United Appeal
12,070
8,387
The congregation contributed £535 towards Presbytery Assessments during the year.
There were no other related party transactions.
291 Page

an
FIRST BROUGHSHANE CONGREGATION OF THE PREsB}￿ER1AN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS (cont'd)
20.
CAPITAL COMMITMENTS
At 315t December 2025 the Church had no capital commitments12024.' none).
301 Page